CIT Aerospace Orders Ten More Airbus Single-Aisle Aircraft
CIT Group Inc a leading global commercial finance company, has signed a firm contract with Airbus for a further ten A320 Family aircraft. With this order, the total number of aircraft in the Airbus order book for the CIT Group now stands at 199 aircraft, comprising 157 A320 Family aircraft, 30 A330s, seven A350s and five A319s for executive & private use. Of these 100 have been delivered so far.
This repeat order underlines the continued anticipated high demand for A320 Family aircraft on the leasing market.
“We are pleased to announce this follow-on order for 10 new A320 family aircraft,” said Tony Diaz, Executive Vice President of CIT Aerospace, Commercial Airlines at CIT. “This new order will help us meet customer demand for younger, more fuel efficient aircraft.”
John Leahy, Airbus Chief Operating Officer Customers, said: “We are delighted that an important leasing company such as CIT has again chosen to place repeat orders with Airbus. This order confirms the important role that leasing companies have in the aviation industry, particularly in the current market situation. It is also a re-affirmation of the continued success of our A320 Family, allowing CIT to offer the most modern and efficient single aisle aircraft on the market today.”
Lockheed Martin will carry out Technology Maturation and Risk Reduction (TMRR) for the US Air Force Mark21A Reentry Vehicle (Mk21A) under a $108 million contract ...
Singapore and China signed an enhanced Agreement on Defence Exchanges and Security Cooperation (ADESC) on 20 October, signalling a step-up in defence cooperation between the ...
The US State Department has made a determination approving a possible Foreign Military Sale of AIM-120C-7/C-8 Advanced Medium Range Air-to-Air Missiles (AMRAAM) to the Republic ...
Podcast: The contenders line up for FARA, Rheinmetall disappointed but not beaten on OMFV, and talking missiles with Raytheon
Welcome to Episode 39 of The Weekly Defence Podcast. Listen on Apple Podcasts, Google Podcasts, Spotify and more. Sign up to an early email alert of future podcasts here.
On the opening day of Seoul ADEX 2019, a mock-up of the homegrown KF-X fighter for the Republic of Korea Air Force (ROKAF) was uncloaked ...
France and Germany agreed on 16 October on an accord governing the export of jointly developed weapons and defence equipment, removing a key stumbling block ...